ClubLink Announces Normal Course Issuer Bid For Common Shares.Business Editors KING CITY, Ontario--(BUSINESS WIRE)--Oct. 2, 2001 ClubLink Corporation ("ClubLink") (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : "LNK LNK Love and Kisses LNK Lincoln, NE, USA - Municipal Airport (Airport Code) LNK Laisvas Nepriklausomas Kanalas (Lithuanian TV) LNK Linkcentre (website) ") announced today acceptance by The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (the "TSE") of ClubLink's Notice of Intention to commence a Normal Course Issuer Bid (the "NCIB NCIB National Charities Information Bureau (now part of Wise Giving Alliance) NCIB National Collection of Industrial Bacteria (Edinburgh, Scotland) "). Pursuant to the NCIB, ClubLink proposes to purchase, from time to time, if it is considered advisable ad·vis·a·ble adj. Worthy of being recommended or suggested; prudent. ad·vis a·bil , up to 988,000 Common Shares of ClubLink, being approximately
5% of its 19,770,758 issued and outstanding Common Shares as of the date
hereof, on the TSE commencing October 5, 2001. The Board of Directors of
ClubLink believes that such purchases are in the best interests of
ClubLink and are a desirable use of corporate funds. All Common Shares
purchased by ClubLink pursuant to the NCIB will be cancelled. The NCIB
will expire on October 4, 2002.In October 2000, ClubLink announced a similar normal course issuer bid with respect to the Common Shares. Under that bid, an aggregate of 1,040,080 Common Shares have been repurchased and cancelled at an average price of $6.10. ClubLink is Canada's largest owner and operator and developer of high quality Member Golf Clubs, Daily Fee Golf Clubs and Golf Resorts that feature golf as their key amenity a·men·i·ty n. pl. a·men·i·ties 1. The quality of being pleasant or attractive; agreeableness. 2. Something that contributes to physical or material comfort. 3. .
Please contact:
Robert Visentin
Chief Financial Officer
rvisentin@clublink.ca
(905) 841-5360
ClubLink Corporation
15675 Dufferin Street
King City, Ontario L7B 1K5
Telephone: (905) 841-3730 Facsimile: (905) 841-1134
Web Site: www.clublink.ca
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